In a week full of political surprises, the Indian Indices saw high volatility but ended up gaining more than 3 per cent, buoyed by Prime Minister Narendra Modi's return for the record third term and RBI's monetary policy announcements
Banking, IT and realty stocks advanced while media and oil & gas shares declined
On the other hand, Affle India Ltd (up 7.02%), R Systems International Ltd (up 6.64%), and Genesys International Corporation Ltd (up 3.44%) turned up
The S&P BSE Sensex was up 300 points, holding on to 74,000-mark, while the NSE Nifty 50 was up over 90 points at 22,459.80
The BSE Sensex surged by nearly 900 points to above 73,800 levels, while the Nifty50 is trading above 22,420
International crude oil prices remained lower on weaker US gasoline demand
The Nifty 50 opened at 22,432.20 against the previous close of 22,335.70 and fell 1.4 per cent to hit its intraday low of 22,016 by 2:10 pm on Wednesday
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